Bitcoin and the Japanese yen are moving together like never before

In a remarkable turn of events, Bitcoin and the Japanese yen are exhibiting an unprecedented level of correlation in their price movements, consistently rising and falling in tandem, which is a phenomenon that has not been observed to this extent in the past. This synchronization between a leading cryptocurrency and a traditional fiat currency signals a significant shift in market dynamics, as investors and traders begin to notice their intertwined performance and the potential implications for both financial ecosystems. source: https://www.coindesk.com/markets/2026/01/07/bitcoin-and-the-japanese-yen-are-moving-together-like-never-before